C-Rad AB (publ) (STO:CRAD B) just released its latest quarterly results and things are looking bullish. It was overall a positive result, with revenues beating expectations by 8.0% to hit kr122m. C-Rad also reported a statutory profit of kr0.72, which was an impressive 121% above what the analyst had forecast. Earnings are an important time for investors, as they can track a company's performance, look at what the analyst is forecasting for next year, and see if there's been a change in sentiment towards the company. We thought readers would find it interesting to see the analyst latest (statutory) post-earnings forecasts for next year.
Taking into account the latest results, the current consensus from C-Rad's sole analyst is for revenues of kr463.9m in 2026. This would reflect a modest 4.4% increase on its revenue over the past 12 months. Statutory earnings per share are predicted to surge 34% to kr1.98. In the lead-up to this report, the analyst had been modelling revenues of kr455.4m and earnings per share (EPS) of kr1.55 in 2026. There was no real change to the revenue estimates, but the analyst does seem more bullish on earnings, given the great increase in earnings per share expectations following these results.
See our latest analysis for C-Rad
The consensus price target rose 50% to kr45.00, suggesting that higher earnings estimates flow through to the stock's valuation as well.
These estimates are interesting, but it can be useful to paint some more broad strokes when seeing how forecasts compare, both to the C-Rad's past performance and to peers in the same industry. It's pretty clear that there is an expectation that C-Rad's revenue growth will slow down substantially, with revenues to the end of 2026 expected to display 9.0% growth on an annualised basis. This is compared to a historical growth rate of 14% over the past five years. Compare this against other companies (with analyst forecasts) in the industry, which are in aggregate expected to see revenue growth of 17% annually. Factoring in the forecast slowdown in growth, it seems obvious that C-Rad is also expected to grow slower than other industry participants.
The Bottom Line
The most important thing here is that the analyst upgraded their earnings per share estimates, suggesting that there has been a clear increase in optimism towards C-Rad following these results. Fortunately, the analyst also reconfirmed their revenue estimates, suggesting that it's tracking in line with expectations. Although our data does suggest that C-Rad's revenue is expected to perform worse than the wider industry. We note an upgrade to the price target, suggesting that the analyst believes the intrinsic value of the business is likely to improve over time.
Following on from that line of thought, we think that the long-term prospects of the business are much more relevant than next year's earnings. We have analyst estimates for C-Rad going out as far as 2028, and you can see them free on our platform here.
You should always think about risks though. Case in point, we've spotted 1 warning sign for C-Rad you should be aware of.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.